Purchases and Sales

B&M represents our clients in the acquisition of real estate including raw land, office buildings, storage sites and manufacturing facilities. We assist in evaluating the viability and profitability of a proposed acquisition or project in coordination with our clients' insurance agents, environmental firms, surveyors, engineers, and lenders. As part of our evaluation, we assess the applicable permitting and zoning regulations to ensure that our clients' goals for the site can be realized before significant time and money are committed to a project. We advise our clients and draft real estate documents with the goal of avoiding problems and limiting risk, regardless of which party we represent. Sellers generally want to lock in the potential buyer and set strict timeframes on inspection and financing contingencies. They want to know that the buyer is committed before they take the property off the market. Buyers want the ability to get out of a deal if they are unhappy with inspection results or if they are unable to secure financing at a reasonable rate. They want to know what they are buying before they commit to close. We understand these issues, and as part of our tailored and full service approach to serving our clients, we negotiate documents that work in our clients' favor on the points that are most important to them.

Due Diligence

B&M works with our clients to put together a team of environmental and site engineers to evaluate the property or project and identify potential areas of liability or hazard. Our clients need to know what they're buying, whether and how the purchase can be financed, and what types and amounts of insurance are advisable before they commit to purchase. We guide them in making these determinations and advise them on their risk and any possible impact on the profitability of the project.

Financing

B&M works with a variety of lenders knowledgeable and experienced in working with commercial clients, from start-ups and sole proprietorships to mature family owned businesses with substantial revenue. B&M assists our clients in obtaining financing proposals and evaluating them in the context of their needs and business goals. We introduce our clients to lenders who we feel would be a good fit and encourage them to develop banking relationships before the need for financing arises. We urge our clients to carefully review and consult with us prior to signing a commitment letter or term sheet so that they understand the costs and liability associated with a loan before they are locked in. We also review and negotiate loan documents with particular attention to the loan covenants and financial conditions imposed on the borrower. As part of our proactive approach, we carefully review the borrower's requirements with our clients to make sure they understand what is expected from them after they receive the money. This is the best way to head off potential problems and ensure that both the bank and the borrower are on the same page from day one.

Permitting and Zoning

B&M has years of experience reviewing and assessing local permitting and zoning regulations to identify potential issues at the outset of a project and have represented hundreds of clients in appeals of building inspector and zoning board decisions throughout Massachusetts. The regulations and procedures governing these processes are complex and political and our background provides expert navigation to guide clients to favorable results.